Latest food industry analysis
Comprehensive coverage of the food industry's latest, breaking news brought to you by just-food's leading network of international journalists.
Tyson Foods, one of the world's largest meat processors, is investing in fledgling US meat-free business Beyond Meat - and the deal looks an...
Gluten-free has a well-established presence in the markets of western Europe, notably Italy, Germany and the UK, but the sector is rapidly g...
The Gulf is emerging as one to watch for the gluten-free sector. In just-food's series of spotlights on the next five markets manufacturers...
Danone's underlying third-quarter sales fell below market expectations amid challenges in China. Regulatory changes in China are weighing on...
It has been markets in western Europe, notably Italy, Germany and the UK, where gluten-free has taken hold but the sector is building in countries further east. In just-food's series of market spotlights on the next five countries manufacturers should target, John Shepherd looks at Poland.
The gluten-free market has taken root quickest in markets in North America and western Europe but manufacturers looking for more business opportunities could look to South Africa, a country where the category is in its early stages but one touted for expansion. John Shepherd reports.
It was a university in Australia that developed the low-FODMAP diet just over a decade ago and it is that country that is in the vanguard of markets where the diet is taking off and where foods are being specifically launched to fit the regime. Simon Creasey analyses the development of the market for low-FODMAP foods in Australia and weighs up the prospects for the products.
The process of zero-based budgeting removes the budget's baseline and requires every cost to be justified. In contrast to other budgeting techniques, it encourages critical thinking of historic expenses. It can offer big savings - but the process can also be complex, convoluted, costly and there are no guaranteed economies. Execution is key. In just-food's final part of our special report on zero-based budgeting, we look at best-practice on the implementation of the strategy.
Zero-based budgeting is essentially a cost-control mechanism. By re-setting each line of the budget at zero, it focuses attention on expenses and challenges existing costs. There are, however, contradictory views about whether the adoption of this method is supportive of revenue growth while its risks and limitations mean that it is not necessarily a good fit for everyone. Katy Askew reports.
September saw Aldi, which has done so much to shake up the UK's grocery market, announce plans for further investment in the country. In the US, Wal-Mart said it would extend moves to cut back-office jobs in its domestic market. And in Asia, Japan's FamilyMart and Uny finalised their plans to merge, a deal that creates the second-largest c-store player in the country.
Over the past decade, gluten-free has established itself as a significant category in markets in North America, western Europe and Australasia. Gluten-free specialists have become sizeable businesses, with some building notable international operations and some attracting takeover interest from larger rivals. In a series of articles, just-food's John Shepherd puts forward five markets seen as the next for gluten-free manufacturers - and conventional businesss interested in gluten-free to target. First, we look at France, where gluten-free has taken longer to develop compared to some of the country's neighbours - and therefore one that could present opportunity.
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager at semiconductor firm Texas Instruments. After being taken up by US president Jimmy Carter in the 1970s, the method fell into obscurity. Recent years have seen it experience a revival in the food industry. In this series of articles, just-food examines zero-based budgeting and asks if it is a miracle diet for packaged food companies seeking a shapelier margin profile.
A growing body of food makers are adopting zero-based budgeting as a tool to reduce costs and improve resource allocation. The method has also proven popular with investors with a focus on return on invested capital. However, it is not a one-size-fits-all answer to the challenges facing CPG companies today. In the second part of our series examining zero-based budgeting, Katy Askew takes a look at the pros and cons associated with the method.
September saw UK foodservice operators meet with the country's government to discuss its plans to tackle child obesity. Staying in the UK, upscale burger chain Gourmet Burger Kitchen was sold to South Africa's Famous Brands, while US business BurgerFi joined the throng and entered the market.
FODMAPs are a group of carbohydrates that has been linked to digestive issues, including irritable bowel syndrome. A diet in low in FODMAPs is said to ease symptoms and there are signs of a market taking root in Australia, parts of Europe and North America. In the main, it is smaller firms that are marketing low-FODMAP foods but some of the major names in the industry, including Nordic business Fazer Group and, notably Nestle, are showing interest and have recently launched products. Simon Creasey looks at developments so far and weighs up the prospects for the fledgling category.
ConAgra Foods, the US group set to split in two companies with one focusing on brands, is putting more emphasis "on volume over value" after being "overly reliant on deep discounting", a strategy that had led consumers to associated some of its products with deals, CEO Sean Connolly has said.
What impact could the 3D printing of food have on the sector? It's one of the most-discussed issues among product developers. While there are chefs experimenting with using 3D printing to customise dishes or add some automation to their kitchens, some of the food industry's packaged food giants are also looking closely at the technology. Mandy Kovacs, Poorna Rodrigo, Kitty So and Kathryn Wortley report.
Aryzta, the Switzerland-based bakery products supplier, this week reported a drop in annual profits, although it managed to eke out some growth on its top line. The company has faced challenges in North America in recent quarters and the numbers bore that out, with sales boosted by its businesses outside that region. just-food presents the key takeaways from Aryzta's results and looks at how the company's views its prospects for the new financial year.
General Mills booked a 7% drop in first-quarter net sales last week, with sales down 4% on an organic basis. The US company has repeatedly insisted it is taking action to address problem areas in its portfolio, such as yogurt and cereal. But this latest set of numbers underline the challenges the group faces. Here are just-food's key takeaway's from General Mills' first-quarter results.
Initiatives aimed at involving employees in sustainability aims are now commonplace in progressive food companies, and for good reason. Ben Cooper examines employee engagement in the food industry and explains how food manufacturers are reaping the multiple benefits of enthusing employees around food sustainability objectives.
Sustainability concerns pervade every aspect of a food company’s operations so opportunities and approaches to engage employees in sustainability are immensely varied. Here, just-food looks at the different ways six global food manufacturers seek to engage their workforce in their sustainability aims.
It emerged this week that French dairy giant Danone could be preparing to pull its Dumex infant formula brand from Vietnam. It is not yet clear what the company plans for the Dumex business throughout the rest of Asia. The move does, however, come as further evidence that Danone is cutting its losses and de-emphasising the Dumex brand, which has failed to emerge from the long shadow of a 2013 recall. Katy Askew reports.
Prolonged economic recession, increasing competition and sector-specific challenges such as seasonality confront ice cream makers in Russia. Navigating these waters can be tough. But the segment has been showing increasing dynamism and the Russian ice cream market continues to present an important growth opportunity. Andrew Burnyeat, Keith Nuthall and Eugene Vorotnikov report.
August saw the announcement of an eighth consecutive quarter of declining sales at Asda, the UK arm of Wal-Mart. Across the Atlantic, Canada's Couche-Tard continued its deal-making. In Europe, France's Casino outlined plans to launch the Leader Price banner in Italy. And in Asia, Japan's Aeon indicated it plans to enter Myanmar and India's Future Group set out an expansion programme for its Nilgiris supermarket chain.
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